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Daher-Socata association plan approved

As part of the exclusive negotiations held between the Daher group and EADS for the acquisition of a majority interest by Daher in EADS Socata, EADS has announced that the Central Councils and Works Councils of the three entities have all voted in favour of the acquisition.

Establishing links between Daher and EADS Socata should lead to the creation of a major player in Aerostructures, Business Aviation and Services, and give rise to the development of joint projects in these three areas, particularly on the A350 for which Socata will be a tier-one partner.

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